Tag: investments

• Friday, October 25th 2019 - 04:00 UTC

  Uruguay’s wealth management specialist booming under Argentine financial issues

  

  Argentina has been facing significant financial issues in the last decade, and Uruguay wealth management teams are poised to take advantage.

• Saturday, July 27th 2019 - 09:52 UTC

  Consumers help US economy to remain strong but business investment contracts

  

  US economic growth slowed less than expected in the second quarter as a surge in consumer spending blunted some of the drag from declining exports and a smaller inventory build, which could further allay concerns about the economy's health.

• Tuesday, July 16th 2019 - 10:51 UTC

  US qualifies Uruguay as a safe country to invest but warns about union power

  

  A report issued by the United States Department of State on the investment climate in Uruguay on Monday analyzed the legal, political and economic aspects of the country. On the one hand, it stands the legal security, the free movement of capital, the preferential regimes and the investment grade. On the other, it warns about aspects such as labor relations, the power of unions, the advantage of public companies and the increase of problems in education and security.

• Friday, May 3rd 2019 - 08:17 UTC

  UK business spending on sports sponsorship to reach £35bn globally in 2019

  

  Business spending on sports sponsorship is set to grow by 4% to £35bn globally in 2019, according to a new report. But rights-holders, such as leagues, teams or tournaments, are under-exploiting sponsorship deals, according to research from agency Two Circles.

• Monday, April 1st 2019 - 08:40 UTC

  Brazil will open a “business office” in Jerusalem; signs several agreements with Israel

  

  Brazil's Foreign Ministry formally announced on Sunday it will open a “business office” in Jerusalem, backtracking on President Jair Bolsonaro's promise to move his country's embassy to Jerusalem.

• Thursday, February 14th 2019 - 09:37 UTC

  Chevron will remain in Venezuela in “coordination with US government agencies”

  

  Chevron Corp. Chief Executive Officer Mike Wirth pledged to work closely with the U.S. to remain in Venezuela despite a spiralling crisis that has led rival oil major Total SA to retreat.

• Monday, February 4th 2019 - 08:57 UTC

  GM plans to invest US$ 2.5bn over three years in Brazil in return for tax breaks

  

  Automaker General Motors Co is in talks to invest 9 billion reais (US$ 2.5 billion) in the Brazilian state of Sao Paulo over the next three years in return for tax incentives, newspaper Valor Economico has reported.

• Tuesday, January 29th 2019 - 08:30 UTC

  Investors confident of Brazil: Net FDI flows equaled 4.7% of GDP in 2018

  

  Brazil’s current account deficit doubled last year as economic growth fueled demand for foreign goods and services, while foreign investment reached its highest share of GDP since 2001, the central bank said on Monday.

• Friday, January 19th 2018 - 09:24 UTC

  Emirates Airlines saves the Airbus A380 with a US$ 16bn order

  

  The Emirates airline has announced an order for up to 36 Airbus A380s. The US$16bn deal amounts to a reprieve for the A380 after Airbus threatened to stop making the jet if it could not come to a deal with Emirates.

• Saturday, December 23rd 2017 - 10:11 UTC

  Petrobras 2018/22 business plan foresees US$ 74.5bn investments

  

  Petrobras' business and management plan for 2018 through 2022, approved by the Brazilian state-owned oil company's board of directors, foresees investments of US$ 74.5 billion, slightly higher than the US$ 74.1 billion projected in the previous 2017-2021 program.